What Does an Operations Controller Do?

The Operations Controller stands at the intersection of finance and operations within an organization, ensuring a smooth flow of information and oversight across both domains. This role involves monitoring the financial health of the company’s operations, implementing budgetary controls, and providing strategic financial insights to support decision-making processes. By analyzing operational costs, revenue streams, and financial reports, the Operations Controller aids in steering the company towards its financial goals while ensuring operational efficiencies. Their expertise not only helps in identifying areas for financial improvement but also in aligning operational activities with the overall financial strategy of the organization, thereby fostering a cohesive environment for sustainable growth and profitability.

Operations Controller Job Duties

• Oversee and manage the company’s day-to-day operational processes to ensure efficiency and effectiveness.
• Develop and implement operational policies and procedures to maintain operational standards and improve performance.
• Coordinate with department heads to forecast operational needs and plan resource allocation accordingly.
• Analyze operational data and reports to identify trends, issues, and opportunities for process improvements.
• Manage inventory control processes to ensure the availability of necessary materials and minimize waste.
• Oversee compliance with legal, regulatory, and safety standards across all operational activities.
• Facilitate communication and collaboration across departments to ensure operational goals are met.
• Lead special projects aimed at operational innovation, such as implementing new technology or systems to enhance productivity.

Operations Controller Salary & Outlook

An Operations Controller’s salary is influenced by industry experience, size and profitability of the company, complexity of operations managed, and technological proficiency required. Specialization in high-demand sectors and the ability to implement cost-saving strategies also significantly impact compensation. Leadership skills and a track record of enhancing operational efficiency are highly valued.

• Median Annual Salary: $99,750 ($47.96/hour)
• Top 10% Annual Salary: $165,000 ($79.33/hour)

The employment of operations controllers is expected to grow much faster than average over the next decade.

This growth is driven by an increasing need for companies to optimize their operational efficiency and financial performance. Operations Controllers, with their expertise in managing budgets, improving financial processes, and ensuring regulatory compliance, are crucial in navigating the complexities of modern business environments.

Operations Controller Job Requirements

Education: An Operations Controller typically holds a Bachelor’s or Master’s Degree in fields such as Business Administration, Finance, Accounting, or Economics. Coursework often includes financial management, business law, statistics, and operations management. Advanced degrees may focus on strategic planning, advanced financial analysis, and leadership skills. A strong foundation in mathematics, analytical thinking, and problem-solving is essential. Electives in information technology or systems management can be beneficial due to the role’s reliance on data analysis and reporting.

Experience: Operations Controllers typically come from a background rich in diverse professional experiences, often spanning several years in roles that have honed their expertise in managing complex operational processes. Ideal candidates have undergone rigorous on-the-job training, participated in specialized training programs, and have a track record of progressively responsible positions within operations or related fields. Their experience usually encompasses strategic planning, financial oversight, and logistics management, demonstrating a deep understanding of operational dynamics and the ability to navigate and control multifaceted operational activities efficiently.

Certifications & Licenses: Operations Controllers typically do not require specific certifications or licenses for their role. However, certifications such as Certified Management Accountant (CMA) or Certified in Production and Inventory Management (CPIM) can be beneficial.

Operations Controller Skills

Financial Forecasting: Precision in predicting future revenues, expenses, and resource needs enables Operations Controllers to maintain the organization’s financial health and operational efficiency. They proactively manage budget allocations and mitigate financial risks through informed strategic planning and decision-making.

Risk Management: Operations Controllers identify potential threats and develop strategies to mitigate them, ensuring smooth operation and financial stability. Their analytical skills are crucial for forecasting, evaluating, and responding to risks in a way that minimizes impact while finding opportunities for improvement.

Supply Chain Optimization: Balancing demand with supply, Operations Controllers ensure inventory levels meet customer needs while minimizing carrying costs. They analyze data trends, forecast demand, and coordinate with suppliers to adjust production schedules and delivery timelines.

Inventory Control: Managing stock levels to meet operational demands without overstocking involves forecasting future needs based on historical data and market trends. Operations Controllers allocate resources optimally, minimizing waste and ensuring the availability of necessary items for uninterrupted operations.

Process Improvement: Operations Controllers identify inefficiencies and bottlenecks in operational processes and implement strategic solutions to enhance productivity and reduce costs. Their analytical skills are applied to continuously evaluate workflows for optimal performance and alignment with organizational goals.

Regulatory Compliance: Operations Controllers monitor and respond to legislative updates and industry standards to ensure operations comply with local, national, and international regulations. Their attention to detail and proactive approach adapt operational processes, maintaining compliance and operational efficiency.

Operations Controller Work Environment

An Operations Controller typically finds themselves in a dynamic office setting, where the layout is designed to support both individual focus and team collaboration. The workspace is equipped with advanced software and analytical tools essential for data analysis, financial planning, and operational oversight.

Work hours might extend beyond the traditional 9-to-5, especially during financial closing periods or when addressing operational emergencies, though there’s a growing trend towards flexibility, including options for remote work. The dress code leans towards business casual, reflecting a professional yet practical approach to daily tasks.

The environment encourages continuous learning, with opportunities for professional development through workshops, seminars, and online courses. Interaction with various departments is a staple, necessitating strong communication skills and a cooperative attitude.

Safety protocols are strictly adhered to, minimizing physical risks. Meanwhile, the pace can be fast, requiring adaptability and stress management strategies. Technology plays a central role, streamlining processes and enhancing efficiency. Despite the demands, there’s a conscious effort to maintain work-life balance, acknowledging the importance of personal well-being in sustaining high performance.

Advancement Prospects

Operations Controllers, pivotal in managing financial activities and improving operational efficiencies, have a clear trajectory towards senior management roles. Advancement often involves transitioning into positions such as Chief Operations Officer (COO) or Operations Director, where strategic planning and decision-making responsibilities are key.

To accomplish these advancements, an Operations Controller should focus on mastering financial forecasting, budget management, and process optimization within their current role. Demonstrating an ability to lead cross-functional teams and drive significant cost savings or revenue increases can set a solid foundation for moving up the ladder.

Engaging in high-impact projects and taking on leadership roles in these initiatives showcases the ability to handle complex challenges, a critical skill for senior positions. Additionally, understanding the broader business landscape and developing strategic thinking are essential for those aiming to reach the top echelons of operations management.